MARKET TODAY
Key benchmark indices are likely to open higher tracking stronger Asian peers and a Wall Street rally after a set of solid corporate results revived hopes for a global economic recovery. The SGX Nifty futures for August 2009 expiry advanced 64 points to 4643 in Singapore. Strong Q1 June 2009 earnings of India Inc announced so far will support market.
According to data released by the NSE, in the last session, FIIs were net sellers of index futures to the tune of Rs 150.69 crore and sold index options worth Rs 237.71 crore. They were net sellers of stock futures to the tune of Rs 1.86 crore while bought stock options worth Rs 51.07 crore.
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